State-owned leading long steel producer, Vizag Steel, has scheduled two e-auctions, as per reports. While the company has announced an auction for around 3,150 t of pooled iron on 24 Jul’21, another 1,000 t of pig iron will be auctioned on 26 Jul. The steelmaker’s previous pooled iron auction was concluded at INR 33,600/t and pig iron auction at INR 37,950/t, both on exw basis.
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